Buy-to-let: a guide for new landlords

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Melanie Bien had no difficulty finding new tenants for her buy-to-let property

Jessie Hewitson

Last updated at 12:01AM, June 29 2013

Buy-to-let interest rates are low and tenant demand remains high — it’s an
appealing time to become a landlord. Here is what you need to know before
you commit.

1 Buy-to-let mortgage rates are the lowest they have been in 15 years,
according to Ying Tan, managing director of The Buy to Let Business. The
Mortgage Works is offering a rate of 2.89 per cent for a loan to value (LTV)
of 75 per cent, with an arrangement fee of 2.5 per cent of the value of the
property. This type of mortgage, with an arrangement fee that increases with
the